6. A two-year term insurance pays the death benefit of $100,000 at the end of the...

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6. A two-year term insurance pays the death benefit of $100,000 at the end of the quarter of the death. You are given: (a) (4) = 12% (b) kpx = 0.7k, k = 0, 1, 2, ... (c) Between integer ages, one-tenth of deaths occurs during the first quarter, two- tenth of deaths occurs during the second quarter, three-tenth of deaths occurs during the third quarter, four-tenth of deaths occurs during the last quarter. Find the actuarial present value of this policy. 6. A two-year term insurance pays the death benefit of $100,000 at the end of the quarter of the death. You are given: (a) (4) = 12% (b) kpx = 0.7k, k = 0, 1, 2, ... (c) Between integer ages, one-tenth of deaths occurs during the first quarter, two- tenth of deaths occurs during the second quarter, three-tenth of deaths occurs during the third quarter, four-tenth of deaths occurs during the last quarter. Find the actuarial present value of this policy.